UTOPIA
InactiveFinancials · financial year 2026, abbreviated format
Equity
€43,913▼ 5.1%
2025 · €46,297
Total assets
€45,413▼ 2.3%
2025 · €46,466
Net result
-€2,384▼ 0.7%
2025 · -€2,366
Working capital
€15,835
2021 · -€5,424
Trend over the years
2022 to 2026, 5 financial years 2018 to 2026, 9 financial years
The operating result stays negative: a loss of €884 in 2026 against €2,261 in 2025; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€884
2026
Net result-€2,384
2026
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€45,413
2026
Equity€43,913
2026
Debt€1,500
2026
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€15,835
2022
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023202420252026
Operating result€21,770-€20,056▼ 7.9%€20,657▲ 3.0%€24,825▲ 20.2%€3,301▼ 86.7%-€4,700€401-€2,261-€884▲ 60.9%
Net result€10,072-€9,865▼ 2.1%€11,963▲ 21.3%€15,720▲ 31.4%€2,080▼ 86.8%-€4,591€297-€2,366-€2,384▼ 0.7%
Equity€51,054-€60,919▲ 19.3%€72,882▲ 19.6%€88,602▲ 21.6%€90,682▲ 2.3%€86,091▼ 5.1%€68,600▼ 20.3%€46,297▼ 32.5%€43,913▼ 5.1%
Total assets€187,822-€157,865▼ 15.9%€134,697▼ 14.7%€109,700▼ 18.6%€91,765▼ 16.3%€86,497▼ 5.7%€68,727▼ 20.5%€46,466▼ 32.4%€45,413▼ 2.3%
Debt€136,768-€96,946▼ 29.1%€61,816▼ 36.2%€21,099▼ 65.9%€1,083▼ 94.9%€405▼ 62.6%€128▼ 68.5%€169▲ 32.9%€1,500▲ 785%
Working capital-€22,353--€30,161▼ 34.9%-€37,343▼ 23.8%-€5,424▲ 85.5%€15,835
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Equity and liabilities €45,413
Equity
€43,913 ▼ 5.1%
Debt
€1,500 ▲ 785%
Debt's share of the balance-sheet total rises from 0.4% to 3.3%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
0.03▲
2025 · 0.00
ROE
-5.4%▼
2025 · -5.1%
ROA
-5.2%▼
2025 · -5.1%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,444 | €23,444 | €23,444 | €23,444 | €23,647 | €24,347 | €24,347 | €24,347 | - | - |
| Other operating charges640/8 | - | - | - | €2,611 | €2,665 | €2,921 | €3,032 | €3,125 | - | - |
| Gross operating margin9900 | €47,624 | €45,952 | €46,695 | €50,881 | €29,613 | €22,568 | €27,779 | €25,211 | -€884 | - |
| Operating profit (loss)9901 | €21,770 | €20,056 | €20,657 | €24,825 | €3,301 | -€4,700 | €401 | -€2,261 | -€884 | ▲ 60.9% |
| Financial charges65/66B | - | - | - | €1,239 | €180 | €99 | €104 | €105 | €1,500 | ▲ 1,329% |
| Recurring financial charges65 | €5,578 | €4,197 | €2,706 | €1,239 | €180 | €99 | €104 | €105 | €1,500 | ▲ 1,329% |
| Non-recurring financial charges66B | - | - | - | - | - | - | - | - | €1,500 | - |
| Profit (loss) for the period before taxes9903 | €16,192 | €15,859 | €17,950 | €23,587 | €3,121 | -€4,799 | €297 | -€2,366 | -€2,384 | ▼ 0.7% |
| Income taxes67/77 | €6,120 | €5,994 | €5,987 | €7,867 | €1,041 | -€208 | - | - | - | - |
| Profit (loss) for the period9904 | €10,072 | €9,865 | €11,963 | €15,720 | €2,080 | -€4,591 | €297 | -€2,366 | -€2,384 | ▼ 0.7% |
| Profit (loss) for the period to be appropriated9905 | €10,072 | €9,865 | €11,963 | €15,720 | €2,080 | -€4,591 | €297 | -€2,366 | -€2,384 | ▼ 0.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Total assets20/58 | €187,822 | €157,865 | €134,697 | €109,700 | €91,765 | €86,497 | €68,727 | €46,466 | €45,413 | ▼ 2.3% |
| Fixed assets21/28 | €164,359 | €140,915 | €117,470 | €94,026 | €74,889 | €50,542 | €26,196 | €1,849 | - | - |
| Tangible fixed assets22/27 | €164,111 | €140,667 | €117,222 | €93,778 | €74,641 | €50,295 | €25,948 | €1,602 | - | - |
| Land and buildings22 | - | - | - | €93,778 | €70,333 | €46,889 | €23,444 | - | - | - |
| Plant, machinery and equipment23 | - | - | - | - | €4,308 | €3,406 | €2,504 | €1,602 | - | - |
| Financial fixed assets28 | €248 | €248 | €248 | €248 | €248 | €248 | €248 | €248 | - | - |
| Current assets29/58 | €23,463 | €16,950 | €17,227 | €15,675 | €16,876 | €35,954 | €42,531 | €44,617 | €45,413 | ▲ 1.8% |
| Amounts receivable within one year40/41 | €18,306 | €12,456 | €11,601 | €9,690 | €13,204 | €26,929 | €21,307 | €19,949 | €22,002 | ▲ 10.3% |
| Other amounts receivable41 | - | - | - | €9,690 | €13,204 | €26,929 | €21,307 | €19,949 | €22,002 | ▲ 10.3% |
| Cash at bank and in hand54/58 | €5,157 | €4,494 | €5,627 | €5,985 | €3,672 | €9,025 | €21,224 | €24,668 | €23,411 | ▼ 5.1% |
| Equity and liabilities | ||||||||||
| Total equity and liabilities10/49 | €187,822 | €157,865 | €134,697 | €109,700 | €91,765 | €86,497 | €68,727 | €46,466 | €45,413 | ▼ 2.3% |
| Equity10/15 | €51,054 | €60,919 | €72,882 | €88,602 | €90,682 | €86,091 | €68,600 | €46,297 | €43,913 | ▼ 5.1% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €32,454 | €42,319 | €54,282 | €70,002 | €72,082 | €67,491 | €50,000 | €27,697 | €27,683 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €68,142 | €70,222 | €67,491 | €50,000 | €27,697 | €27,683 | = |
| Profit (loss) carried forward14 | - | - | - | - | - | - | - | - | -€2,370 | - |
| Amounts payable17/49 | €136,768 | €96,946 | €61,816 | €21,099 | €1,083 | €405 | €128 | €169 | €1,500 | ▲ 785% |
| Amounts payable after more than one year17 | €90,952 | €49,835 | €7,245 | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €45,816 | €47,111 | €54,570 | €21,099 | €1,041 | - | - | - | - | - |
| Current portion of amounts payable after more than one year42 | - | - | - | €7,245 | - | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €13,853 | €1,041 | - | - | - | - | - |
| Taxes450/3 | - | - | - | €13,853 | €1,041 | - | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €42 | €405 | €128 | €169 | €1,500 | ▲ 785% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,072 | €9,865 | €11,963 | €15,720 | €2,080 | -€4,591 | €297 | -€2,366 | -€2,384 | ▼ 0.7% |
| + Depreciation and write-downs630 | €23,444 | €23,444 | €23,444 | €23,444 | €23,647 | €24,347 | €24,347 | €24,347 | - | - |
| Operating cash flow (approximation) | €33,516 | €33,309 | €35,408 | €39,164 | €25,727 | €19,756 | €24,644 | €21,980 | -€2,384 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€4,510 | €0 | €0 | €0 | - | - |
| Change in cash | - | -€662 | €1,132 | €358 | -€2,313 | €5,353 | €12,199 | €3,444 | -€1,257 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 28 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 18-03-2026 | abbreviated format | 15-07-2026 | 2026-00298521 |
| 31-12-2025 | abbreviated format | 22-02-2026 | 2026-00042184 |
| 31-12-2024 | abbreviated format | 06-06-2025 | 2025-00129008 |
| 31-12-2023 | abbreviated format | 08-07-2024 | 2024-00230740 |
| 31-12-2022 | abbreviated format | 12-06-2023 | 2023-00132460 |
| 31-12-2021 | abbreviated format | 24-07-2022 | 2022-20218103 |
| 31-12-2020 | micro format | 01-06-2021 | 2021-16900426 |
| 31-12-2019 | micro format | 27-06-2020 | 2020-23600272 |
| 31-12-2018 | micro format | 30-05-2019 | 2019-15400091 |
| 31-12-2017 | micro format | 31-05-2018 | 2018-14800474 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.